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NorthWestern Energy Group, Inc.

NWE
Exchange
Nasdaq
Industry
Electric & Other Services Combined
SEC CIK
0001993004

No open-market purchases or sales by NorthWestern Energy Group, Inc. insiders were filed in the last 90 days; 376 institutions reported holding it in 13F filings for Q2 2026, worth $4.21B in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in NorthWestern Energy Group, Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
335
−6 vs. Q1 2025
Shares held
60.5M
+1.32M (+2.2%) vs. Q1 2025
Total value
$3.11B
−$315.0M (−9.2%) vs. Q1 2025
New holders
42
129 more added
Sold out
48
113 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NWE on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 335 institutions
Q1 2021: 251 institutionsQ2 2021: 262 institutionsQ3 2021: 265 institutionsQ4 2021: 281 institutionsQ1 2022: 275 institutionsQ2 2022: 280 institutionsQ3 2022: 287 institutionsQ4 2022: 301 institutionsQ1 2023: 291 institutionsQ2 2023: 290 institutionsQ3 2023: 274 institutionsQ4 2023: 278 institutionsQ1 2024: 302 institutionsQ2 2024: 298 institutionsQ3 2024: 313 institutionsQ4 2024: 323 institutionsQ1 2025: 344 institutionsQ2 2025: 335 institutionsQ3 2025: 329 institutionsQ4 2025: 358 institutionsQ1 2026: 373 institutionsQ2 2026: 376 institutions
Value heldQ2 2025: $3.11B
Q1 2021: $3.13BQ2 2021: $2.90BQ3 2021: $2.82BQ4 2021: $3.27BQ1 2022: $3.47BQ2 2022: $3.37BQ3 2022: $2.78BQ4 2022: $3.38BQ1 2023: $3.37BQ2 2023: $3.31BQ3 2023: $2.85BQ4 2023: $3.05BQ1 2024: $3.00BQ2 2024: $2.95BQ3 2024: $3.38BQ4 2024: $3.22BQ1 2025: $3.43BQ2 2025: $3.11BQ3 2025: $3.37BQ4 2025: $3.86BQ1 2026: $3.94BQ2 2026: $4.21B
Institutions holding NWE and their total value by quarter
QuarterHoldersValue
Q2 2026376$4.21B
Q1 2026373$3.94B
Q4 2025358$3.86B
Q3 2025329$3.37B
Q2 2025335$3.11B
Q1 2025344$3.43B
Q4 2024323$3.22B
Q3 2024313$3.38B
Q2 2024298$2.95B
Q1 2024302$3.00B
Q4 2023278$3.05B
Q3 2023274$2.85B
Q2 2023290$3.31B
Q1 2023291$3.37B
Q4 2022301$3.38B
Q3 2022287$2.78B
Q2 2022280$3.37B
Q1 2022275$3.47B
Q4 2021281$3.27B
Q3 2021265$2.82B
Q2 2021262$2.90B
Q1 2021251$3.13B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding NorthWestern Energy Group, Inc.; share changes are against Q1 2025.

Institutions holding NWE in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.8,746,228$448.7M0.01%−466,077−5.1%Reduced
Vanguard Group Inc6,951,014$356.6M0.01%+176,649+2.6%Added
American Century Companies Inc2,952,214$151.4M0.08%−7,530−0.3%Reduced
State Street Corp2,594,485$133.1M0.00%+12,530+0.5%Added
River Road Asset Management, LLC2,299,153$123.5M1.57%−76,852−3.2%Reduced
Geode Capital Management, LLC1,577,465$80.9M0.01%+7,684+0.5%Added
Franklin Resources Inc1,334,017$68.4M0.02%+11,084+0.8%Added
Macquarie Group Ltd1,308,991$67.2M0.08%+35,913+2.8%Added
Neuberger Berman Group LLC1,273,999$65.3M0.05%+297,057+30.4%Added
Bank of America Corp1,222,376$62.7M0.01%+484,266+65.6%Added
FMR LLC1,207,479$61.9M0.00%+223,116+22.7%Added
Systematic Financial Management LP1,145,309$58.8M1.57%+30,471+2.7%Added
UBS Group AG1,126,356$57.8M0.01%+289,284+34.6%Added
Westwood Holdings Group Inc.1,118,650$57.4M0.41%+117,449+11.7%Added
Dimensional Fund Advisors LP1,014,040$52.0M0.01%−9,673−0.9%Reduced
First Trust Advisors LP913,911$46.9M0.04%−45,624−4.8%Reduced
Bank of New York Mellon Corp873,172$44.8M0.01%+7,365+0.9%Added
Morgan Stanley864,748$44.4M0.00%+234,049+37.1%Added
Charles Schwab Investment Management Inc855,050$43.9M0.01%−25,948−2.9%Reduced
Massachusetts Financial Services Co853,232$43.8M0.01%−42,566−4.8%Reduced
Northern Trust Corp816,545$41.9M0.01%−56,799−6.5%Reduced
Invesco Ltd.796,458$40.9M0.01%−9,964−1.2%Reduced
Victory Capital Management Inc790,791$40.6M0.03%−38,466−4.6%Reduced
Norges Bank768,578$39.4M0.00%+15,947+2.1%Added
Nuveen, LLC696,223$35.7M0.01%−228,912−24.7%Reduced
ProShare Advisors LLC694,532$35.6M0.07%−12,333−1.7%Reduced
AQR Capital Management LLC676,144$34.7M0.03%+93,081+16.0%Added
GW&K Investment Management, LLC622,635$31.9M0.29%−25,528−3.9%Reduced
Fuller & Thaler Asset Management, Inc.549,480$28.2M0.10%+3,172+0.6%Added
Gabelli Funds LLC546,200$28.0M0.20%−300−0.1%Reduced
William Blair Investment Management, LLC483,874$24.8M0.07%−40,404−7.7%Reduced
Raymond James Financial Inc473,043$24.3M0.01%−81,979−14.8%Reduced
Thrivent Financial for Lutherans453,993$23.3M0.05%−22,498−4.7%Reduced
Qube Research & Technologies Ltd429,484$22.0M0.03%+228,350+113.5%Added
Voya Investment Management LLC345,896$17.7M0.02%+56,667+19.6%Added
Legal & General Group Plc333,623$17.1M0.00%+2,724+0.8%Added
Mirae Asset Global ETFs Holdings Ltd.309,551$15.9M0.03%+10,380+3.5%Added
JPMorgan Chase & Co296,304$15.2M0.00%−32,288−9.8%Reduced
MetLife Investment Management294,567$15.1M0.09%+193,292+190.9%Added
Gamco Investors, Inc. Et Al273,350$14.0M0.14%00.0%Unchanged
Principal Financial Group Inc270,624$13.9M0.01%+89,432+49.4%Added
Bridgewater Associates, LP252,753$13.0M0.05%+156,865+163.6%Added
Rhumbline Advisers221,810$11.4M0.01%+11,932+5.7%Added
Ancora Advisors, LLC219,385$11.3M0.23%−1,940−0.9%Reduced
Goldman Sachs Group Inc216,738$11.1M0.00%−80,047−27.0%Reduced
Brandywine Global Investment Management, LLC212,475$10.9M0.08%−8,300−3.8%Reduced
Hotchkis & Wiley Capital Management LLC211,979$10.9M0.04%−28,832−12.0%Reduced
Russell Investments Group, Ltd.201,628$10.3M0.01%+5,484+2.8%Added
UBS Asset Management Americas Inc199,284$10.2M0.00%+44,508+28.8%Added
Renaissance Technologies LLC185,126$9.50M0.01%+45,400+32.5%Added
Jane Street Group, LLC178,763$9.17M0.01%−64,307−26.5%Reduced
Aventail Capital Group, LP174,584$8.96M0.40%+7,582+4.5%Added
Barclays PLC154,416$7.92M0.00%+28,575+22.7%Added
Ameriprise Financial Inc138,184$7.09M0.00%−7,859−5.4%Reduced
Mutual of America Capital Management LLC137,020$7.03M0.08%+20,931+18.0%Added
Cubist Systematic Strategies, LLC136,715$7.01M0.08%+114,391+512.4%Added
Dark Forest Capital Management LP134,812$6.92M0.28%+119,494+780.1%Added
Price T Rowe Associates Inc133,291$6.84M0.00%+20,631+18.3%Added
Two Sigma Investments, LP132,951$6.82M0.01%+17,063+14.7%Added
Kempen Capital Management N.V.131,048$6.72M0.06%+24,554+23.1%Added
Connor, Clark & Lunn Investment Management Ltd.128,561$6.60M0.02%+87,360+212.0%Added
Prudential Financial Inc126,402$6.48M0.01%+30,016+31.1%Added
Yaupon Capital Management LP122,414$6.28M0.42%+122,414New
South Dakota Investment Council122,311$6.28M0.12%00.0%Unchanged
Commonwealth of Pennsylvania Public School Empls Retrmt Sys118,357$6.07M0.03%+798+0.7%Added
Alliancebernstein L.P.118,226$6.06M0.00%−8,989−7.1%Reduced
Jupiter Asset Management Ltd117,404$6.02M0.05%−53,647−31.4%Reduced
Swiss National Bank117,083$6.01M0.00%−1,700−1.4%Reduced
First PREMIER Bank114,032$5.85M1.42%+42,784+60.0%Added
Advisors Asset Management, Inc.107,950$5.54M0.10%−22,013−16.9%Reduced
Two Sigma Advisers, LP106,300$5.45M0.01%−5,000−4.5%Reduced
Mairs & Power Inc102,928$5.28M0.05%−20,957−16.9%Reduced
Voloridge Investment Management, LLC94,638$4.85M0.02%−85,748−47.5%Reduced
Meritage Portfolio Management92,946$4.77M0.30%−1,543−1.6%Reduced
Citadel Advisors LLC91,116$4.67M0.00%+49,130+117.0%Added
Brevan Howard Capital Management LP90,320$4.63M0.05%+47,123+109.1%Added
First Manhattan Co88,644$4.55M0.01%−5,055−5.4%Reduced
Wedge Capital Management L L P87,806$4.50M0.08%−2,382−2.6%Reduced
Susquehanna International Group, LLP82,869$4.25M0.01%−27,252−24.7%Reduced
Great West Life Assurance Co77,210$3.96M0.01%+2,664+3.6%Added
Conning Inc.77,076$3.95M0.14%00.0%Unchanged
Boston Partners75,542$3.88M0.00%+46,786+162.7%Added
New York State Teachers Retirement System75,475$3.87M0.01%−30.0%Reduced
Retirement Systems of Alabama75,020$3.85M0.01%+376+0.5%Added
Oliver Luxxe Assets LLC74,255$3.81M0.68%+2,563+3.6%Added
Deutsche Bank AG73,310$3.76M0.00%−75−0.1%Reduced
Federated Hermes, Inc.73,268$3.76M0.01%−5,076−6.5%Reduced
First Eagle Investment Management, LLC72,999$3.74M0.01%−60,200−45.2%Reduced
Heartland Advisors Inc69,504$3.57M0.20%+13,202+23.4%Added
Manufacturers Life Insurance Company, The66,067$3.39M0.00%−1,509−2.2%Reduced
Wells Fargo & Company64,546$3.31M0.00%−12,241−15.9%Reduced
Campbell & CO Investment Adviser LLC64,359$3.30M0.21%+60,130+1,421.8%Added
Deroy & Devereaux Private Investment Counsel Inc63,020$3.23M0.17%−1,595−2.5%Reduced
Millennium Management LLC61,793$3.17M0.00%−36,837−37.3%Reduced
California State Teachers Retirement System60,875$3.12M0.00%+110+0.2%Added
Comerica Bank59,877$3.07M0.01%+1,090+1.9%Added
Commonwealth Equity Services, LLC59,466$3.05M0.00%+5,642+10.5%Added
Envestnet Asset Management Inc55,378$2.84M0.00%+622+1.1%Added
Maryland State Retirement & Pension System55,315$2.84M0.06%+3,304+6.4%Added
Mathes Company, Inc.55,205$2.83M1.05%+55,205New